5 Things Every Entrepreneur Should Know About Risk-Taking

An episode of the Motivational Mondays podcast, hosted by Dr. Casuel Pitts, titled "5 Things Every Entrepreneur Should Know About Risk-Taking" was published on August 17, 2020 and runs 7 minutes.

August 17, 2020 ·7m · Motivational Mondays

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Summary

Taking risks is scary, whether you’re going all-in during a friendly game of poker or quitting your long-time career to pursue one of your promising business ideas. Most people tend to avoid risks when possible, because inaction is often safer than action, but most successful people will tell you they got to where they are because they were willing to take risks no one else was -- whether that was developing a product nobody else thought would work or investing a sum of money everyone else thought was crazy.Still, taking risks is intimidating, especially for new entrepreneurs. But it’s more complicated than just “doing something that might turn out bad.” To feel more comfortable taking risks and make more informed risk-based decisions, keep these five considerations in mind.Become a supporter of this podcast: https://www.spreaker.com/podcast/motivational-mondays--4180173/support.

Episode Description

Taking risks is scary, whether you’re going all-in during a friendly game of poker or quitting your long-time career to pursue one of your promising business ideas. Most people tend to avoid risks when possible, because inaction is often safer than action, but most successful people will tell you they got to where they are because they were willing to take risks no one else was -- whether that was developing a product nobody else thought would work or investing a sum of money everyone else thought was crazy.

Still, taking risks is intimidating, especially for new entrepreneurs. But it’s more complicated than just “doing something that might turn out bad.” To feel more comfortable taking risks and make more informed risk-based decisions, keep these five considerations in mind.

Become a supporter of this podcast: https://www.spreaker.com/podcast/motivational-mondays--4180173/support.